The banking crises of the 1980s and 1990s have left Peru with a highly concentrated, conservative banking system that is on one...
Financial Services
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Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
The latest step in the liberalisation of Myanmar’s financial services sector has seen the Ministry of Planning and Finance give five foreign insurance providers the provisional right to launch wholly owned life insurance businesses in the country.
Bahrain has continued to incentivise growth in financial technology (fintech) following the introduction of new regulations that will allow lenders to expand and upgrade their digital offerings.
Articles & Analysis | Progress in long-awaited, public sale of Egypt's state-owned entities from The Report: Egypt 2019
In early 2017 Egyptian officials announced plans to offer stakes in 23 state-owned companies in a series of public offerings that would raise LE80bn ($4.5bn) over the following two and a half years. The move marked the return of the subject of privatisation on the national agenda after a decade of absence.
Articles & Analysis | Egypt's mutual fund market offers more products and accessibility from The Report: Egypt 2019
Although the country launched its first Egyptian Mutual Fund in 1994, the industry has evolved slowly since then. As of late 2018 there were nearly 100 funds operating under the supervision of the Financial Regulatory Authority (FRA), including specialised funds in a range of asset classes: 29 equity, 10 sharia-compliant, six fixed income, 27...